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After the success of the previous version of the FAQs, I thought that it might be useful publishing an updated version of the FAQs to help operators willing to apply for one of the Italian online gaming licenses that will be shortly available:
Q. – Why do I need an Italian gaming license to enter into the Italian gaming market? My company already holds a foreign gaming license, what are the benefits of an Italian gaming license?
Read this article on the topic “What are the benefits of an Italian Gaming License“.
Q. – Do I need that my company is established in Italy or that the servers are located in Italy to apply for an Italian gaming license?
No, under the draft decree introducing the new licensing regime the operator and its servers can be located in any country of the European Economic Area. Also, we will find out shortly whether operators will be also entitled to locate their servers also in any country that has a bilateral agreement with the Italian Gaming Authority that might include for instance Alderney and the Isle of Man.
No, under the draft decree introducing the new licensing regime the operator and its servers can be located in any country of the European Economic Area. Also, we will find out shortly whether operators will be also entitled to locate their servers also in any country that has a bilateral agreement with the Italian Gaming Authority that might include for instance Alderney and the Isle of Man.
Q. – What is the turnover of the Italian gaming market?
Read this article on the topic “Italian Gaming Market: An Impressive Growth“.
Read this article on the topic “Italian Gaming Market: An Impressive Growth“.
Q. – But I have heard that offline gaming terminals are very relevant in Italy for the online business, is it true?
This might be true under the old gaming license regime, but the new regime will prohibit such gaming terminals. Read this article on the topic “The Death of Gaming Totems. An Advantage for New Entrants?“.
This might be true under the old gaming license regime, but the new regime will prohibit such gaming terminals. Read this article on the topic “The Death of Gaming Totems. An Advantage for New Entrants?“.
Q. – Ok, can apply for a license NOW?
No, the draft decree prescribiling the issue of the new gaming licenses is currently under the review of the European Commission. After the expiry of the so called “stand still” occuring on the 15th of October 2010, the Italian Gaming Authority will publish the decree and operators will be able to apply for new licenses.
No, the draft decree prescribiling the issue of the new gaming licenses is currently under the review of the European Commission. After the expiry of the so called “stand still” occuring on the 15th of October 2010, the Italian Gaming Authority will publish the decree and operators will be able to apply for new licenses.
Q. – So for the time being is there any possibility to enter into the Italian gaming market for a new operator?
Currently the only two open options are either the acquisition of a license (or of the entire company holding the license) from another operator or the management of the website under the license of another operator (i.e. through a white label agreement).
Currently the only two open options are either the acquisition of a license (or of the entire company holding the license) from another operator or the management of the website under the license of another operator (i.e. through a white label agreement).
Q. – But I am not interested in this kind of deals, shall I just wait then?
No, operators shall start getting ready working on their platforms as the Italian technical requirements are very peculiar and collecting the documentation required to submit the application for a remote license.
No, operators shall start getting ready working on their platforms as the Italian technical requirements are very peculiar and collecting the documentation required to submit the application for a remote license.
Q. – Let’s speak about technical issues, I have heard that operators have to comply with stringent technical requirements.
This is true, but the problem can be overcome through agreements with other operators that allow licensees to use their platform which is already approved by the Italian Gaming Authority and therefore under these circumstances the operator’s platform does not need to be tested and approved again by the Italian Gaming Authority.
This is true, but the problem can be overcome through agreements with other operators that allow licensees to use their platform which is already approved by the Italian Gaming Authority and therefore under these circumstances the operator’s platform does not need to be tested and approved again by the Italian Gaming Authority.
Q. – Final question: Taxes
The gaming duty varies depending on the type of game involved. For instance in case of bingo it is 11% of the turnover, in case of cash games and casino games it will be 20% of the revenues, while in case of skill games (including online poker tournament) it is 3% of the turnover.
The gaming duty varies depending on the type of game involved. For instance in case of bingo it is 11% of the turnover, in case of cash games and casino games it will be 20% of the revenues, while in case of skill games (including online poker tournament) it is 3% of the turnover.
If you are interested in entering into the Italian gaming market and you have additional questions, feel free to contact me, Giulio Coraggio.
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